Quote from: kuzetsa on September 29, 2012, 05:03:38 PM

Quote from: MoinCoin on September 29, 2012, 09:10:27 AM

Quote from: kuzetsa on September 29, 2012, 04:47:05 AM

Quote from: OgNasty on September 29, 2012, 01:27:35 AM

I'd be willing to sell put options on NASTY shares at the IPO price if you were interested in taking a short position.

As a shareholder, all I have to say is:

thefuq are you talking about?

What will this do for the value / further dilution of my shares, etc.

Sure hope you don't plan to do something like this without first putting it up to a vote.

Sorry i did not understand the dilution part:
((...snip...))
Maybe I missunderstood you?
But taking a short position on NASTY should work, because I think the liquidity is too limited currently, therefore I don't think it would be a good idea for OgNasty.

It's like I was telling OGNasty the other day on IRC:

"I'm new to such things. only ever had a broker manage my stuff prior to bitcoin"

As such, I don't understand this "short" thingy? All I saw here in the post was:

"... something something something I'll sell for cheap ..."

Which I might have misunderstood?

And by diluting shares, I meant the value / dividends would be less if there are more outstanding shares because of this sale. Currently only about 7000 outstanding shares but if even another 3000 were sold there would be less dividend payment per share. Nothing more was meant by "dilution" than the common use.

If OGNasty entered into either selling a short OR a PUT option then it would have no effect on number of outstanding shares.

Easiest way to ythink of it is that it's a bet (below is very simplified) -

OGNasty bets that NASTY shares hold their value, the other side bets that they lose value.
It's really nothing more than that.

Only risk to shareholders is that someone shorts the share then tries to talk the price down. But if there's nothing wrong with the share then:

a) It probably won't work,
b) IF it does drop (and there's nothing wrong) then those who aren't misled get to buy more for cheap.

And there's no need for shorters to try to talk down targets anyway - why try to talk down a decent share when there's plenty of bad ones you can short and let collapse on their own without any need for interference?

So if it happens there's no real issue for shareholders - and, in any event, it's not gonna happen anyway. OGNasty's post was more of an "I dare you to bet against me" than an offer he'd have had any expectation of being accepted.